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SHANGHAI, Jan. 15, 2021 /PRNewswire/ -- The first FinTech competition of the Caohejing Hi-Tech Carnival was held on January 13. The competition was hosted by the Shanghai Lingang Economic Development (Group) Co., Ltd., and organized by the Shanghai Caohejing Hi-Tech Park Development Corporation and the Shanghai Lingang Economic Development Group Asset Management Co., Ltd, under the guidance of the Shanghai Office for the Promotion of Science and Technological Innovation, the Xuhui and Minhang Districts People's Government and supported by Deutsche Bank (China) Co. Ltd.
First FinTech Competition
In his opening speech, Liu Wei, Vice President of Lingang Group said: "In the era of the digital economy, digital technology and FinTech will support China's digital economy. Lingang Group understands that many micro, small and medium-sized technological enterprises in the Caohejing Hi-Tech Park are facing difficulties such as obtaining financing and the high cost of financing. Innovative financial technology can bring new ideas and new solutions to corporate financing problems. Lingang Group, with its solid industrial base and concentrated innovation resources will provide multi-resources for the development of financial technology."